Result of General Meeting

RNS Number : 7343F

Randall & Quilter Inv Hldgs Ltd

30 October 2018

 

 

Randall & Quilter Investment Holdings Ltd.

Result of General Meeting

30 October 2018

The Board of Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the Bermuda based global program underwriting and legacy acquisitions specialist, today held the General Meeting referred to in the notice to shareholders of the Company dated 5 October 2018.

The resolution set out in the notice convening the General Meeting for the proposed return of capital to shareholders has been duly passed.

-Ends-

Randall & Quilter Investment Holdings Ltd. Ken Randall Tel: [phone] Numis Securities Limited (Nominated Adviser) Stuart Skinner Tel: [phone] Charles Farquhar Tel: [phone] Shore Capital Stockbrokers Limited Dru Danford / Stephane Auton Tel: [phone] FTI Consulting Edward Berry/Tom Blackwell Tel: [phone]

Notes to Editors:

About R&Q 

The overall mission of the Bermuda based Group is to:

·      generate profits and capital extractions from expert management of legacy non-life insurance acquisitions/ reinsurances, including in Lloyd's; and 

·      grow commission income from its licensed (and rated) carriers in the US and EU/UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.

Our aim is to continue to grow sustainable profit streams to support our business model and increase book value and cash distributions to shareholders. 

The Group was founded by Ken Randall and Alan Quilter in 1991.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

 

END

 

 

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